CCN 305061 · Hillsborough County, New Hampshire

Crestwood Center

40 Crosby Street, Milford, NH 03055

Crestwood Center is a 82-bed for-profit nursing home in Milford, New Hampshire, first certified for Medicare or Medicaid in 1996. CMS rates it 4 out of 5 stars overall in its September 2026 data, and it averaged 63.9 residents a day, about 78% of its certified beds. It has an active FHA-insured Section 232 loan: $6.2 million originally, at 3.55%, with $5.4 million outstanding as of September 30, 2026 and maturity in April 2053.

Facility facts

Certified beds
82
Average residents per day
63.9 (77.9% of beds)
Ownership type
For profit - Limited Liability company
Certification
Medicare and Medicaid
Legal business name
40 Crosby Street Operations LLC
Certified since
Apr 1, 1996
Chain or affiliated group
Genesis Healthcare (184 facilities, chain average 2.3 stars)
Location
Urban

Ratings and staffing

Star ratings run from 1 to 5. Staffing is nurse hours per resident per day from CMS Payroll Based Journal data; turnover is the CMS annual nursing staff turnover rate. Occupancy is CMS's average daily census divided by certified beds.

MeasureThis facilityNew Hampshire medianUS median
Overall rating4 of 5State spread: 12 at 1, 20 at 2, 7 at 3, 21 at 4, 13 at 5
Health inspections3 of 5
Quality measures5 of 5
Staffing3 of 5
Total nurse hours per resident per day3.373.643.68
RN hours per resident per day0.810.720.58
Weekend nurse hours per resident per day2.92
Nursing staff turnover43.1%43.6%44.9%
Occupancy (residents / beds)77.9%85.3%85.7%
Fines reported by CMS1 totaling $15,646
Health deficiencies, latest standard survey3 (Dec 18, 2025)

HUD 223(f) Express Lane: the CMS part

HUD gives 223(f) applications queue priority when the facility has CMS overall and health inspection ratings of at least 2 stars and no abuse icon, among other tests (ORCF criteria of March 31, 2026). Crestwood Center meets that part today: 4 stars overall, 3 on health inspections, no abuse icon. The loan-to-value, coverage and operator tests depend on the deal. All the criteria.

Who owns and operates it

These are the owners and operators the facility reported to CMS: anyone with a 5% or greater direct or indirect stake, and any organization with operational or managerial control.

NameRoleShareSince
Harborside New Hampshire Limited PartnershipOrganizationDirect Ownership Interest100%05/01/2019
Fc-Gen Operations Investment LLCOrganizationIndirect Ownership Interestn/a05/01/2019
Gen Operations I LLCOrganizationIndirect Ownership Interestn/a05/01/2019
Gen Operations II LLCOrganizationIndirect Ownership Interestn/a05/01/2019
Genesis Healthcare IncOrganizationIndirect Ownership Interestn/a05/01/2019
Genesis Healthcare LLCOrganizationIndirect Ownership Interestn/a05/01/2019
Genesis Holdings LLCOrganizationIndirect Ownership Interestn/a05/01/2019
Harborside Healthcare LLCOrganizationIndirect Ownership Interestn/a05/01/2019
Harborside Toledo Business LLCOrganizationIndirect Ownership Interestn/a05/01/2019
Sun Healthcare Group IncOrganizationIndirect Ownership Interestn/a05/01/2019
Sunbridge Healthcare LLCOrganizationIndirect Ownership Interestn/a05/01/2019
Whitman, ArnoldIndividualIndirect Ownership Interestn/a05/01/2019
Benson, HannahIndividualOperational / Managerial Controln/a03/01/2024
Morris, DianeIndividualOperational / Managerial Controln/a12/23/2023

Changes of ownership

EffectiveBuyerSeller
May 1, 201940 Crosby Street Operations LLCHarborside New Hampshire Limited Partnership

HUD Section 232 loans

HUD's Office of Healthcare Programs lists these FHA-insured loans for a project we matched to this facility by name, city and bed count. Status, rate and balance come from HUD's insured-mortgage files as of September 30, 2026. Check the FHA number against the loan documents before relying on the match.

EndorsedProgramOriginal amountStatusFHA number
Jun 13, 2019223(f) refinance or purchaseHUD project name: NEXT Healthcare - Crestwood Center, 81 beds. Lender at endorsement: Keybank National Association$6,200,000Active: 3.55%, $5,423,067 balanceMatures Apr 1, 2053. Servicer: Keybank National Association02422113

Watch this facility

Get one email when the monthly CMS or HUD files show a change at Crestwood Center: a new owner, operator or lender of record, a change of ownership, a new overall star rating, or a change to its HUD loan.

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Sources and dates

Facility, rating, staffing and ownership data: CMS Provider Information and CMS Ownership, processing date September 2026. Private equity, REIT and mortgage-interest flags and changes of ownership: CMS Skilled Nursing Facility All Owners and Change of Ownership files (2026-10-01). FHA-insured loans: HUD Office of Healthcare Programs endorsement database, data run July 8, 2026. How we join them, and what the join can get wrong: methodology.

SNF Register is independent. It is not affiliated with or endorsed by CMS, HUD or FHA. Spotted an error? Write to hello@hudskillednursing.loan.